Industry & Services >> CEO Interviews >> May 2, 2003

Peter Scott Iii – Progress Energy Inc (pgn)

PETER M. SCOTT III is Executive Vice President and Chief Financial Officer of Progress Energy, inc. He oversees the company's strategic planning, financial and enterprise risk management functions. Before joining Progress Energy (formerly CP&L), Mr. Scott was the founding President of Scott, Madden & Associates, Inc., a general management consulting firm headquartered in Raleigh, North Carolina. The firm served clients in a number of industries, including energy and telecommunications. Particular practice area specialties for Mr. Scott included strategic planning and operations management. Before founding Scott, Madden & Associates in 1983, he was a Principal and Partner in Theodore Barry & Associates, a Los Angeles-based consulting firm. Mr. Scott is active in a number of civic and non-profit organizations, including the North Carolina Museum of Art Foundation Board, the Capital Area Soccer League, and the RTI International Board. He holds Master's and undergraduate degrees in Business Administration from The University of North Carolina at Chapel Hill. Profile
TWST: Could you describe the different components of Progress

Energy?

Mr. Scott: As you know, Progress Energy is a utility holding

company. We are an integrated energy company with our